SentinelOne (NYSE:S) CFO Sells $989,589.79 in Stock

Key Points

• SentinelOne CFO Barbara Larson sold 54,583 shares of the company at an average price of $18.13, totaling nearly $990,000, resulting in a 9.04% decrease in her stock position.
• The company’s stock has recently experienced a decline of 3.7%, trading at $17.25 and showing a twelve-month range of $15.36 to $29.29.
• Analyst ratings for SentinelOne indicate a consensus of "Moderate Buy" with a price target of $24.26, reflecting varying opinions from market analysts.

SentinelOne, Inc. (NYSE:S - Get Free Report) CFO Barbara Larson sold 54,583 shares of SentinelOne stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $18.13, for a total value of $989,589.79. Following the completion of the transaction, the chief financial officer owned 549,498 shares of the company's stock, valued at approximately $9,962,398.74. The trade was a 9.04% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

SentinelOne Trading Down 3.7%

SentinelOne stock traded down $0.67 during mid-day trading on Tuesday, reaching $17.25. The company's stock had a trading volume of 6,332,677 shares, compared to its average volume of 5,939,103. SentinelOne, Inc. has a twelve month low of $15.36 and a twelve month high of $29.29. The business has a 50 day moving average price of $17.74 and a 200-day moving average price of $18.16. The firm has a market cap of $5.75 billion, a price-to-earnings ratio of -13.06 and a beta of 0.76.

Wall Street Analyst Weigh In

S has been the subject of several recent analyst reports. BTIG Research restated a "neutral" rating on shares of SentinelOne in a research report on Monday, August 25th. Morgan Stanley reissued a "positive" rating on shares of SentinelOne in a research note on Tuesday, September 2nd. Cantor Fitzgerald reiterated an "overweight" rating and issued a $24.00 price objective on shares of SentinelOne in a research note on Friday, August 29th. UBS Group boosted their price objective on SentinelOne from $19.00 to $21.00 and gave the company a "neutral" rating in a research report on Friday, August 29th. Finally, Robert W. Baird upped their target price on shares of SentinelOne from $21.00 to $23.00 and gave the stock an "outperform" rating in a report on Friday, August 29th. Three analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $24.26.

Institutional Trading of SentinelOne

A number of institutional investors have recently bought and sold shares of S. Teamwork Financial Advisors LLC bought a new stake in shares of SentinelOne during the 2nd quarter valued at $1,332,000. Strs Ohio acquired a new position in SentinelOne in the first quarter valued at about $9,227,000. Tempus Wealth Planning LLC bought a new position in SentinelOne during the 2nd quarter worth approximately $318,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of SentinelOne by 131.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,374,714 shares of the company's stock valued at $79,532,000 after buying an additional 2,483,136 shares during the period. Finally, GAMMA Investing LLC increased its position in shares of SentinelOne by 11,049.7% in the 1st quarter. GAMMA Investing LLC now owns 35,233 shares of the company's stock valued at $641,000 after buying an additional 34,917 shares in the last quarter. Institutional investors and hedge funds own 90.87% of the company's stock.

About SentinelOne

SentinelOne, Inc operates as a cybersecurity provider in the United States and internationally. Its Singularity Platform delivers an artificial intelligence-powered autonomous threat prevention, detection, and response capabilities across an organization's endpoints, cloud workloads, and identify credentials, which enables seamless and autonomous protection against a spectrum of cyber threats.

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